Friday, November 2, 2012

Nifty Intraday Update-III


39 comments:

Prabakar said...

NIFTY OPTIDX Open Interest at 2 -> CLICK HERE

Indus said...

@Ilango

Resisting at WHEMA and the previous high from where the downtrend began at 5722......can i infer that one more corrective wave down is still pending???

Would welcome your inputs/validation

Prabakar said...

@Arun Kumar Sharma,

yes. you may be correct. Got confused with Open Position and DRSAR..

Ilango said...

@ shriram,

The 5 sub-waves from 5583 being discussed here is the 1st wave of the 5th wave.

It could also turn out to be the (a) wave of 4.b.

Presently the (iv) of 5.1 may be on. Based on the prices unfolding in the coming 2 days or so, we should be able to understand whether 5th is on or the complex 4th is "continuing".

Sujatha said...
This comment has been removed by the author.
shriram said...

true, both open .. very nicely put sir, thank u :-)

J.R.Julius said...

@Sujatha
Nifty Song! :D
5662/5647/5632

Sujatha said...
This comment has been removed by the author.
J.R.Julius said...

@Sujatha,
மறுபடியும் மொதல்ல இருந்தா?

TAnovice said...

Looks like he is going now but wl come back soon... Seems he got a whiff of ur mental calculation...

Sujatha said...

julius - 90 touched.. but yenna seyya yenna seyya?? adha konjam kaiyal thalla kidaikume oru......in case protected OMG i don;t like but i hv to see that wait for my next trade for next week

Prabakar said...

இதனால் அறிவிப்பது என்னவென்றால், நமது JN சூப்பர் சிங்கர் பட்டத்தை சுஜாதா அவர்களுக்கு பெருமையுடன் அளிக்கிறோம்..... :)

shriram said...

All gol-jalebis only visible, JRJ, suja , someone tell us wot "MAYA" is being wound up ? ;-)

Kiran said...

Gapping Up Doji

thepatternsite.com/GappingUpDoji.html

Ilango said...

3.00PM TT & Chart updated.

Parimal said...

Kiran
where do you see a doji ?

Satish said...

:sir,is it wise to trade developing scenario than current?:

navtash said...

Respected Ilango Sir ,
pl give us ome knowledge for the GAP UP/Down conditions , apart from the Global cues

Thanks

Ilango said...

@ Satish ,

"Developing" scenario is based on current prices.

It is the "dynamic" way of managing your positions.

It is nothing but "following up on your trade plan" which will have stop losses/ targets/ contingency plan to reverse a trade, etc.

Without a "basic study", there is no "developing scenario".

anmpatel said...

now looks impossible to close beyond WHEMA

Nilesh Patil said...

@Sujatha Sis,
I m also waiting for your next week trade ;)

Parimal said...

Dear Parminder
i see 21HRSMA crossover on 34HRSMA on NF hrly chart

Ilango said...

@ navtash,

Refer "Global cues" from the "Labels" section at the side bar of this blog.

http://tradeinniftyonly.blogspot.in/search/label/global%20cues

Most often "global cues " assist the "Trend follower". Even today's one helped the trend follower trenmendously with a "Gap up" as Nifty has closed above 5DEma on 01st.

When in uptrend, if global cues are -ve, it provides a "re-buy" opportunity and vice versa.

These are general observations based on experience.

In sum, follow your market., and stop losing sleep over global cues. Use the global cues @ opening only.

Sujatha said...

prabha - ha ha ha lolz :)

shriram ji - just for fun ..wil come @ 3rd week enjoy the space as usual for useful analysis:) studypurpose

julius - eemmmmmmmmmmmmmmsaaaaaaai nifty 85-90-la close agira mathiri parthokongappa konjam..poi vareen let us see. if BNF/SBIN is late participation it's pending BNF 150 pnts +
anna vename pa...

nifty last song - number vittu number vandhu .... ...... pannathenga... ..... .... pannakka nannu yenna seyyarathu :P

bye

HAPPY DIWALI IN ADVANCE TO ALL

shriram said...

nilesh,

she will give u steaming hot idli, atta ch sangto paha ;-)

anmpatel said...

@Sujatha.....
ENGLISH please......

J.R.Julius said...

@Sujatha,
Take care - Happy Weekend.

CDG said...

opening closing same for today!!!! Any interpretations before the weekend????????????

navtash said...

Ilango sir ,
Thanks for the prompt reply

I wanted to know ONLY the conditions for the GAP UP/Down conditions from TA , if any
Thanks

anmpatel said...

@CDG
yes dear, but HA candle formed long white without wick on lowerside.....s/o bullish let's see...

shriram said...

happy weekend, & bye ppl !

CDG said...

@Anmpatel,
Yes. But note one more thing the closing is just below the developing Day Pivot...

anmpatel said...

@CDG
and on weekly candle-white hammer....

anmpatel said...

closing b/w 5697-98

CDG said...

ok.. yes... Next week is the key..
Bye everyone...Enjoy the festive season....

parminder said...

Hi parimal
u r right Sir bt it has not given crossover see the values they are same 5670
regards

kat said...

5697-14=5683
5697+14=5711
upper and lower shadow equal.

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